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The hydrocarbons giant Saudi Aramco has named 2015 as the completion date for Manifa, the US$9 billion offshore oil project it is currently developing in the KSA.
In a statement the company said that Manifa, which will have a production capacity of 900,000 barrels per day (bpd) of Arabian Heavy crude oil plus 65,000 bpd of condensate, will be completed in 2015, which represents a delay of around two years on previous projections.
“World demand for energy, matched with new refining capabilities, led the company to plan operations at Manifa that will add 900,000 barrels per day in production capacity of heavy crude oil.,” the statement said.
“As engineers considered effective and efficient ways to produce the oil from the field, Saudi Aramco commissioned a comprehensive environmental impact assessment, with expert evaluation by authoritative international institutions,” it added.
Aramco also said that the causeway and drilling islands system that will make up the project is 60% complete with the the offshore jackets being 100% complete. There will be 41 kilometres of causeway and 27 drilling islands in total at the end of the project.
A central processing facility being build onshore will also process 1 billion cubic feet per day (cfd) of natural gas.
